Additional Depreciation pursuant to change in lives of assets as per Companies Act, 2013

-

-

6,36,777

Balance carried over to next year

2,30,01,409.30

11,47,80,918

10,77,57,506

KEY HIGHLIGHTS
During the period under consideration, the turnover for the year has increased to Rs. 142.09 Cr. in 2016-17 as against Rs. 108.90 Cr. in 2015-16. However, the Net Profit for the year decreased to Rs.62.20 Lakhs in 2016-17 from Rs. 76.13 Lakhs in the previous year.
The Earning per share (EPS) for the year is Rs.0.53per share as compared to Rs3.88 per share of the previous year
The Earning per share (EPS) for the year is 3.36 per share as compare to Rs. 2.45 per share
of the previous year.

DIVIDEND
In order to plough back the profits for the future business needs of the Company, the Directors have not recommended any divided for this financial year..

CHANGE IN SHARE CAPITAL
During the Current year, there is change in capital structure of the Company. The Company has allotted 98,00,000 fully paid up equity shares of Rs. 10/- each as Bonus Issue by Capitalization of Free Reserves to the members of the Company in the proportion of 5 new fully paid – up equity shares of RS. 10/- each for every 1 equity share of Rs. 10/- each.